Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) to Issue $0.16 Monthly Dividend

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Thursday, June 27th, Wall Street Journal reports. Investors of record on Tuesday, September 10th will be given a dividend of 0.155 per share by the investment management company on Monday, September 30th. This represents a $1.86 annualized dividend and a dividend yield of 8.27%. The ex-dividend date is Tuesday, September 10th.

Cohen & Steers Infrastructure Fund has raised its dividend by an average of 58.7% annually over the last three years.

Cohen & Steers Infrastructure Fund Stock Up 1.2 %

Cohen & Steers Infrastructure Fund stock traded up $0.27 during trading hours on Thursday, hitting $22.50. 162,852 shares of the stock traded hands, compared to its average volume of 228,242. The firm’s 50 day moving average price is $23.05 and its 200-day moving average price is $22.37. Cohen & Steers Infrastructure Fund has a 1 year low of $18.15 and a 1 year high of $23.87.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.